Office investments x 2-Impressive tenants within business park
Brisbane Metro -Southwestern
This trust was closed in June 2016
The two properties, located in separate Brisbane south-side industrial estates, were acquired to provide investors with reliable income & growth over the term of the investment. Wholesale Investors were able to access the investment for mulitples of $100,000 each.
The first property, a two-level modern office building in Brisbane technology park in Darra, 18 kms from the Brisbane CBD, provided 2,997m2 of A-grade office accommodation and parking for 108 vehicles. It includes a lift and three separate staircases, carpet tiles, ducted and zoned air conditioning, kitchenettes, entrance foyers, end of trip facilities and ample natural light.
The other property is made up of two stand-alone office buildings in Brisbane Technology Park (BTP) in Eight Mile Plains, 15 kms from Brisbane’s CBD.
Together they provide a combined 5,264m2 of net lettable area and 154 car parks, and include multi-zone stepped ducted air conditioning, swipe card entry to buildings and car park, internal elevators, fire services and security system. External improvements include concrete hardstand driveway and car parking, mature landscaping, hoarding and pylon signage.
Commenting on the sale, Robert Stanley-Turner from Box Commercial Estate Agents said, ‘This was a great pick up for the funds manager because the income is secured by four quality commercial tenants with average lease terms of 5.6 years.’
The information contained above is of a general nature only and for the purpose of alerting our investors to a potential new investment to be syndicated. Syndicated investments are with few exceptions only available to qualifying wholesale or sophisticated investors. Box Commercial will be delighted to refer investors to the investment manager for all pertinent investment information and a comprehensive investment report. Box Commercial will receive a modest referral fee for investors who proceed with an investment.